Romios Gold shareholders approve name change, rollback

Executive Summary

• Romios Gold Resources Inc. received shareholder approval at its Annual General and Special Meeting (AGSM) on January 16, 2026, for a name change to Oreterra Metals Corp. and a share capital consolidation (1 new postconsolidation share for up to 10 preconsolidation shares).
• The company is currently in the process of pricing a postconsolidation private placement financing, with further details and timelines for the name change and trading start to be announced in the near future.
• The restructuring aims to improve market appeal to raise capital for initial drilling at the Trek South prospect, which has shown high discovery potential through various geophysical surveys.

Key Details

• Shareholder Approval: All matters voted upon at the AGSM held on Jan. 16, 2026, were endorsed, specifically:
  • Name change from Romios Gold Resources Inc. to Oreterra Metals Corp.
  • Authorization of a share capital consolidation ratio of up to 1 new postconsolidation share for every 10 preconsolidation shares.
• Financing Update: The company is pricing a postconsolidation private placement financing.
• Regulatory Status: The proposed financing, consolidation, and name change are subject to required regulatory approvals, including approval from the TSX Venture Exchange.
• Strategic Context: The restructuring is intended to facilitate capital raising for initial drilling at the Trek South prospect.
• Asset Portfolio:
  • Trek South Prospect: High-order complementary results from mapping, sampling, magnetic, IP, and MT geophysical surveys vector to high discovery potential.
  • Kinkaid Claims (Nevada): Located in the Walker Lane trend; covers shallow Au-Ag-Cu workings believed to be over porphyry centers.
  • Scossa Mine Property (Nevada): Located in the Sleeper trend; a former high-grade gold producer.
  • Lundmark-Akow Lake Property: 100% interest in a large-scale Au-Cu property adjacent to the northwest of the Musselwhite mine; previous drilling produced broad VMS-style Au-Cu intersections.

Notable Quotes

• "A restructuring process has been under way at Romios for the past half year. The purpose of this restructuring effort has been to improve the company's market appeal, such that it is better positioned to raise the new capital required to complete the initial phases of drilling at the Trek South prospect..."